multi family online side hustle

[Jason Malabute]

What are some good multifamily related online side hustle ideas?

[Joshua Michael Hauman]

Hey @Jason Malabute, interesting concept!

My advice is begin with the end in mind. What are you looking to achieve and who do you feel called to serve? What skills or talents do you have and what are you passionate about?

That being said here are a few ideas I have:

1) Real Estate Photography and Videography: If you have a good eye for detail and some photography skills, you can offer your services to property management companies to take pictures and create virtual tours of their properties. If not physically taking the pictures you could have them take them and you perform the edits. A cool idea would be to get into virtual staging if you're skills are more on interior design.

2) Content Creation: If you have past experience in multifamily real estate, you can start a blog or YouTube channel sharing your insights and expertise. You can monetize your content through advertising or sponsorships. If you don't have experience, offer to manage or edit content for a well established player in the space.

3) Social media marketing agency (SMMA): I used to run a digital marketing agency so this is my personal favorite. My company ran paid ads to get leads for contractors and eventually we took on some syndicators as well to get more eyeballs, build their brands and ultimately, raise more capital. Its a bit hard to prove the ROI with something like this and there are a lot of rules to follow to adhere to SEC guidelines but I learned a lot about the do's and don'ts of capital raising and it was a lucrative business for me.

4) Education: Mentorships, books, courses and webinars all work great as well. I have yet to try this business model but have joined/purchased several products from people who I trusted in the multifamily space and it has helped accelerate my learning curve tremendously. If you have a unique way of providing value and getting people results in the online education space this is also a high margin business that can be done anywhere in the world.